28-2016 November 30, 2016 AN ORDINANCE ESTABLISHING FUND 803 WITHIN THE VILLAGE BUDGET, TO BE ENTITLED, “WOODLAWN MEADOWS SPECIAL ASSESSMENT FUND.”
WHEREAS, The Finance Director has advised that it is necessary to establish a fund for infrastructure improvements and related costs for the Woodlawn Meadows project, which is funded by special assessment bond anticipation note.
NOW THEREFORE, BE IT ORDAINED by the Council of the Village of Woodlawn, Hamilton County, Ohio, majority of all concurring:
SECTION I That Council does hereby authorize and establish Fund 803 within the Village budget, entitled, “Woodlawn Meadows Special Assessment Fund.”
SECTION II That all monies received from the issuance of the Woodlawn Meadows special assessment bond anticipation note shall be deposited in said Fund.